Unlocking Futures: A Guide to Altura Credit Union Scholarships
Altura Credit Union, deeply rooted in the Inland Empire community and headquartered in Riverside County, demonstrates a strong commitment to the financial well-being of its members. More than just a financial institution, Altura operates as a member-owned cooperative, prioritizing the needs of its stakeholders over profit margins. This commitment extends to supporting the educational aspirations of young individuals in Riverside County through its scholarship programs.
The Altura Foundation: Championing Education
The Altura Foundation, established in 1993 as the charitable arm of Altura Credit Union, embodies this commitment by focusing on education and community development. Since its inception, the Foundation has awarded over $526,950 in scholarships to 586 talented Riverside County high school seniors. These funds have significantly aided students in pursuing their college dreams. For over three decades, the Altura Foundation has championed the next generation, empowering more than 970 students with over $870,000 in scholarship support since 1993.
Scholarship Opportunities
Altura Credit Union offers a range of scholarship opportunities for graduating high school seniors in Riverside County. The Altura Foundation has increased the scholarship award amounts to $2,000. In a recent year, Altura Credit Union awarded $38,000 in college scholarships to seniors graduating from Riverside County high schools.
General Scholarships: Thirty-five scholarships are directly funded by the Altura Scholarship Foundation.
AVID Program Recognition: Five scholarships specifically recognize students participating in AVID (Advancement Via Individual Determination) programs.
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University of California, Riverside Scholarships: Ten additional scholarships are awarded to local graduating seniors planning to attend the University of California, Riverside.
Memorial Scholarships: In addition to the general scholarships, Altura also offers several memorial scholarships:
The Terry Ferrone Memorial Scholarship: This scholarship honors the memory of Terry Ferrone and is awarded to a graduating high school senior from John W. North High School.
The Kimberly Jean Flores Memorial Scholarship: This scholarship commemorates Kimberly Jean Flores, a former student of Canyon Springs High School.
The Dr. Linda Wisher Educational Endowment: This endowment is in memory of Dr. Linda Wisher, a former member of Altura’s Board of Directors.
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The Bonnie Gail Polis Educational Endowment: Dedicated to the memory of Bonnie Gail Polis, this endowment supports graduating high school seniors within the Riverside Unified School District (Arlington, King, North, Poly, Ramona) pursuing a degree in public education.
The Dr. Barnett Grier and Eleanor Jean Grier Scholarship Fund: This fund honors their efforts to ensure equality in education, housing, employment, and opportunity for underrepresented and disadvantaged citizens in Riverside.
The Elizabeth C. and Jack B. Clarke, Sr. Endowed Scholarship Fund: This fund honors the late councilman and his wife for their service to the Riverside community.
Eligibility and Application Requirements
Any student graduating from a public or private high school within Riverside County is eligible to apply for these scholarships. Scholarship recipients are selected based on their academic record, an essay detailing their college goals, financial need, and extracurricular activities.
Applicants for one or more of the scholarships need to submit only one application.
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How to Apply
The Altura Scholarships application is available online. Interested students are encouraged to visit the Altura Credit Union website or contact the Altura Foundation for specific details on the application process and deadlines.
Altura Credit Union: A Community Partner
Altura Credit Union's commitment extends beyond scholarships. The credit union actively supports the community through sponsorships and other initiatives. They are dedicated to serving the financial needs of their members and remaining strong and stable, even in challenging economic times.
Altura Credit Union operates as a not-for-profit company, and its board members are local Riverside County leaders who volunteer their time. This locally led approach ensures that the credit union remains focused on the needs of its members and the community.
The Credit Union Difference
As a member-owned credit union, Altura is committed to putting your needs first. Unlike traditional banks, they’re not driven by profit margins. Altura offers lower fees, better loan deals, and excellent member service. Altura's board members are headed by a group of volunteer professionals, who are elected by its members. The leadership board is dedicated and truly works every day with the well-being of their members and community as their first priority. Unlike a corporate bank, they understand the differentiating needs of the everyday individual. Their board’s voices are heard and always valued, for every opinion and thought is different and should be attended to.
Member Eligibility
Altura Credit Union is a Federally chartered credit union here to successfully serve its Members with all their financial goals. Additionally, anyone who is an immediate family member of an existing Altura Member is eligible to apply.
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